News
Blinds Between Glass Keep Rooms Cool, Reduce Damage
ODL’s Blink Blinds + Glass encases blinds within insulated glass, avoiding the dust accumulation, tangling and breakage that often occurs with traditional blinds.
CBRE Names New VP
Former Capital One Senior Vice President Haig Kilicyan joins the company’s Capital Markets Debt & Structured Finance team in New York.
Rockpoint Group Snags $87M FL Community
Related Development, the multifamily component of Related Group, sold Town at Pembroke Pines, a recently completed 356-unit property in Pembroke Pines, Fla. During the past 18 months, the company sold three completed multifamily projects totaling more than $290 million.
LINC Opens LA-Area Affordable Community
Mosaic Gardens at Willowbrook is a $20 million development built for low-income families and homeless households, with support from several public and private entities. The latest homeless count shows there are nearly 47,000 homeless in Los Angeles County.
Cornerstone Senior Living Expands in TX
The company acquired Three Forks of Forney, a 60-unit, 72-bed assisted living and memory care community in Forney, for $12.5 million.
CAPREIT to Manage 3 Miami-Area Affordable Communities
All three were purchased for $59 million in March 2017 by the American Opportunity Foundation, which plans to invest in extensive upgrades.
Walker & Dunlop Provides $95M for North Miami Acquisition
Avesta Communities procured the 402-unit property Avesta Biscayne, which features six five-story residential buildings along with a clubhouse and leasing office.
Friedkin Snags Long Island Apartments for $140M
Making its New York debut, the San Francisco-based investment firm bought a 450-unit community in Suffolk County and an adjacent golf course.
Dougherty Secures New Loan for Northridge Court Apartments
The company closed a 7.25-year Fannie Mae supplemental loan for the 12-building, 86-unit property.
Lifescapes Designs Landscape for DTLA’s First Completed Condos in a Decade
The company has completed the design for the outdoor terrace and pool deck on the sixth floor of a 25-story project developed by Trumark Urban, which also features the country’s first drone landing pad.